Published on July 7th, 2014 | by Michael J Smith0
Petty Renews With Ford
Despite rumors that Richard Petty Motorsports was considering leaving Ford when their contract ends at the end of the Sprint Cup Series season, RPM has decided to stick with Ford, Andy Murstein, of Medallion Financial Corporation, the primary investor in RPM, confirmed.
This is the second time that RPM has stuck with Ford after rumors surfaced that they were considering another manufacturer. In 2012, RPM was rumored to be considering leaving Ford for Chevy. This season, RPM was reportedly meeting with officials from Toyota.
The issue with Toyota was that Toyota Racing Development, which provides engines for Toyota teams, can only provide engines for eight teams. TRD provides engines for Joe Gibbs Racing and Michael Waltrip Racing, taking six of the eight slots TRD can accommodate. JGR has long been rumored to be bringing in Carl Edwards in a fourth car. If that’s the case, that leaves one slot for RPM, a two-car team.
Without TRD engines, RPM would have to use Triad Racing Technologies Engines, which would be a step down after using Roush Yates Engines.
While it is just speculation, that could be what prevented RPM from moving to Toyota.